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Advice as important as savings, says financial advisers' lobby
June 19 (BusinessDesk) - Good financial advice is as important as the act of saving for retirement, says the Institute of Financial Advisers in response to proposals from the Financial Services Council that New Zealanders be encouraged to save 10 percent of their annual income in...
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Mexican addition to TPP talks opens way for NZ to jump NAFTA hurdle
By Paul McBeth June 19 (BusinessDesk) - Mexico, the world's 13th biggest economy, has accepted an invitation to join regional trade negotiations including New Zealand and Australia in a deal that could free up market access that's been hindered by the 1994 North American Free Tr...
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NZ raises IMF commitment to $4.1B on Euro-jitters
By Pattrick Smellie June 19 (BusinessDesk) - New Zealand is committing to lend the International Monetary Fund another $1.26 billion in the event of global economic turmoil, ahead of announcements expected from today's G20 meeting in Mexico on measures to counter the ongoing Eu...